Running Against the Wind: The Reaction of Bond Funds to News

2021 ◽  
Author(s):  
Alan G. Huang ◽  
Russell R. Wermers ◽  
Jinming Xue
Keyword(s):  
Bond Funds

Timing the investment grade securities market: Evidence from high quality bond funds

2009 ◽  
Vol 16 (1) ◽  
pp. 55-69 ◽  
Author(s):  
Vaneesha Boney ◽  
George Comer ◽  
Lynne Kelly
Keyword(s):  
Securities Market ◽  
High Quality ◽  
Bond Funds ◽  
Investment Grade

scholarly journals An Analysis Of Mutual Fund Custodial Fees

2011 ◽  
Vol 21 (1) ◽  
Author(s):  
Charles P. Cullinan ◽  
Dennis M. Bline
Keyword(s):  
Mutual Fund ◽  
Fund Performance ◽  
Regression Analyses ◽  
Equity Fund ◽  
Bond Funds ◽  
Investor Returns

The Securities Exchange Commissions (SEC) has an ongoing initiative to examine mutual fund fees, and their disclosure to fund shareholders. Mutual fund custodial fees are usually paid directly to the custodian from fund assets, and can therefore affect fund performance and investor returns. The purpose of this paper is to develop and test a model of mutual fund custodial fees using both equity and bond funds. Regression analyses on bond and equity fund samples reveal that custodial fees result from a variety of factors, and that these factors differ between equity and bond funds. The results of this study can be a useful benchmark to evaluate the effectiveness of custodial fee management.

Investor flows and fragility in corporate bond funds

2017 ◽  
Vol 126 (3) ◽  
pp. 592-613 ◽  
Author(s):  
Itay Goldstein ◽  
Hao Jiang ◽  
David T. Ng
Keyword(s):  
Corporate Bond ◽  
Bond Funds

Using TOPSIS for assessing the sustainability of government bond funds

Omega ◽  
2014 ◽  
Vol 49 ◽  
pp. 1-17 ◽  
Author(s):  
Amelia Bilbao-Terol ◽  
Mar Arenas-Parra ◽  
Verónica Cañal-Fernández ◽  
José Antomil-Ibias
Keyword(s):  
Government Bond ◽  
Bond Funds

Does Sentiment Explain Closed-end Fund Discounts? Evidence from Bond Funds

1993 ◽  
Vol 28 (4) ◽  
pp. 607-616 ◽  
Author(s):  
Abraham Abraham ◽  
Don Elan ◽  
Alan J. Marcus
Keyword(s):  
Bond Funds

Municipal bond funds

1977 ◽  
Vol 3 (4) ◽  
pp. CO2
Author(s):  
Harvey Sarner
Keyword(s):  
Municipal Bond ◽  
Bond Funds

Remarkable global market stability is unlikely to last

2017 ◽  
Keyword(s):  
Financial Markets ◽  
Emerging Market ◽  
Global Market ◽  
Parliamentary Election ◽  
Far Right ◽  
Content Type ◽  
Volatility Index ◽  
Bond Yield ◽  
Bond Funds ◽  
Growth Prospects

Subject Financial market volatility. Significance A more dovish outlook for US monetary policy and the weaker performance of the far right in the Dutch parliamentary election have contributed to subdued volatility and risk aversion in financial markets. The Euro Stoxx 50 Volatility Index, Europe’s so-called ‘fear gauge’, measuring anticipated price swings in European equities, is close to a historic low. However, other gauges of sentiment, such as outflows from ‘junk-bond’ funds, suggest investors are increasingly concerned that markets are too frothy. Impacts Oil prices fell by 10% in March amid oversupply concerns, and further slippage would complicate OPEC talks on extending the output curbs. Emerging market equities have risen by 11.1% this year as dollar weakness and improving growth prospects lure investors seeking returns. The spread between France's ten-year government bond yield and Germany's remains close to a four-year high, highlighting Europe’s variation.

Loose policy outside US will check bond sell-off

2017 ◽  
Keyword(s):  
Federal Reserve ◽  
Tax Reform ◽  
Emerging Market ◽  
Quantitative Easing ◽  
Treasury Bonds ◽  
Content Type ◽  
Volatility Index ◽  
Bank Of Japan ◽  
Bond Funds

Significance The pace is partly being checked by continued Bank of Japan (BoJ) and ECB quantitative easing (QE). Benchmark ten-year Treasury yields have gained around 30 basis points (bp) since August but Japanese and German yields have risen far less. US bonds are being strained by the Federal Reserve (Fed)'s more hawkish stance and the prospects of even modest tax reform, but investors scepticism about the pace of tightening is suppressing volatility. Impacts Gradual monetary tightening is unlikely to stir the volatility index from its near-20-year low but a sudden sharp shock could. Inflows into emerging market bond funds in 2017 are on track to exceed their 2012 high of 103 billion dollars despite uncertain prospects. There is scant evidence yet that the ‘reflation trade’ is back; ten-year Treasury bonds are still nearly 25 bp below March levels. Timing and triggers of a US equities downturn are hard to predict; two potential triggers are a US policy mistake and ECB miscommunication.

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